Alpha
When used as an indication of active return on an investment, it measures the asset price against the overall market movement. The excess return of investment relative to the return of the market is the investment's alpha.
When used to indicate software status, it refers to the very first version or the basic software of a project.
In a sentence
The fund generated alpha by outperforming its crypto market benchmark.
- The fund generated alpha by outperforming its crypto market benchmark.
- Researchers searched on-chain data for signals that might produce investment alpha.
- The strategy delivered positive alpha after accounting for the market’s overall return.
- Developers released an alpha version so early users could test the basic software.
- Because the product was still in alpha, the team warned users to expect unfinished features.